Today is the day the Warriors owner finds his team not worth as much as he hoped.

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warriors_logo.pngI’m sure you knew this already, because you and your drinking buddies had been working on your submission over the weekend: Today is the first day to submit formal bids to buy the Golden State Warriors.

This is where wishes meet reality. Like when you put a home up for sale and you work with a realtor to set a price — but you don’t know what it is really worth until the offers start coming in.

ESPN is estimating that four or five offers will come in.

Owner Chris Cohan has expected a sale of at least $400 million and maybe up to $500 million. This is the only NBA team in a very high-income market, at team with a very loyal following. That has to be worth something.

But then there’s reality.

The richest guy in the bidding — Larry Ellison, owner of Oracle — has had his people estimate the worth of the franchise at $315 million. He is not likely to bid much more than that. Other ownership groups may go higher, but you also may be able to question how their finances come together. Larry Ellison can simply write a check for the sale amount at any point during the process. (Look at it this way, everybody is talking about how rich new Nets owner Mikhail Prokhorov is worth — Ellison is worth more than double him. About $28 billion)

Cohan may simply hold out if he doesn’t get a number he wants for the sale. And that would be bad for the team and the league. This is a franchise (and a fan base) that deserve better.

Doc Rivers on DeMarcus Cousins: “I’m 55. It’s tough for me to call a grown man ‘Boogie'”

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The Kings trade with the Pelicans has made DeMarcus Cousins the NBA’s mostdiscussed player lately.

But Clippers president/coach Doc Rivers isn’t sure he can address Cousins by his nickname.

J.A. Adande of ESPN:

Cool story, Glenn.

Deron Williams clears waivers, intends to sign with Cavs

CHARLOTTE, NC - DECEMBER 01:  Deron Williams #8 of the Dallas Mavericks brings the ball down the floor against the Charlotte Hornets during their game at Spectrum Center on December 1, 2016 in Charlotte, North Carolina. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Streeter Lecka/Getty Images)
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CLEVELAND (AP) — Free agent guard Deron Williams has cleared waivers and told the Cleveland Cavaliers he intends to sign with them.

Williams, a five-time All-Star, was waived earlier this week by Dallas. He will give the defending NBA champions a playmaker they’ve needed all season and one LeBron James demanded.

Williams cannot sign with the Cavs until Monday. Cleveland hosts the Milwaukee Bucks that night. The Cavs will be the fourth team for Williams, who is averaging 13.1 points this season.

Cleveland coach Tyronn Lue can bring him off the bench and also play him with Cleveland’s starters to give James and Kyrie Irving rest before the playoffs.

Kyle Lowry plays through injury in All-Star game, out for Raptors now

NEW ORLEANS, LA - FEBRUARY 19:  Kevin Durant #35 of the Golden State Warriors and Kyle Lowry #7 of the Toronto Raptors in action during the 2017 NBA All-Star Game at Smoothie King Center on February 19, 2017 in New Orleans, Louisiana. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Jonathan Bachman/Getty Images)
Jonathan Bachman/Getty Images
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Kyle Lowry participated in the 3-point contest. He played nearly 18 minutes in the All-Star game.

But when the Raptors played the Celtics in their first game after the break, Lowry never saw the court.

He was sidelined with a right wrist injury suffered in Toronto’s final game before the break.

Arden Zwelling of Sportsnet:

He can’t pinpoint exactly when it happened and didn’t even feel it during the game, but when Lowry woke up the next morning he knew something was up.

“Honestly, I thought I’d slept on it wrong — I thought it would go away,” Lowry said. “It was a little sore, but I paid no attention to it.”

Unconcerned at the time, Lowry didn’t tell anyone but his wife about the wrist pain, and took off for New Orleans where he participated in both the NBA’s three-point contest and all-star game this past weekend. He received some treatment in between his all-star appearances and iced his wrist on and off, but he still saw little cause for alarm.

“I thought over the break it would rest up and heal up,” Lowry said. “But it constantly stayed bothering me.”

“That’s a blow — that’s a huge blow for us,” Raptors head coach Dwane Casey said Friday evening after announcing the injury. “I don’t know how long he’s going to be out. But, no, it’s not a one-day thing.”

This is bad — bad for the Raptors and bad for Lowry’s reputation.

Lowry might have wanted to show his toughness by not running to the doctor for every bump or bruise. But this will also raise questions about whether he prioritized the shine of All-Star Weekend over the grind of Toronto’s season. Lowry is not a trained medical professional, so it’s understandable he misdiagnosed his injury. But he makes his living using his body, and his employer provides trained medical professionals to handle these types of things. Lowry’s bet that his wrist would heal over the break clearly backfired.

And now the Raptors pay the price. They traded for Serge Ibaka and P.J. Tucker to make a push, but that’ll be much tougher without the the team’s best player. Toronto beat Boston without Lowry, but the Raptors are still fourth in the Eastern Conference. Passing the Wizards for third is paramount to avoiding a second-round matchup with the Cavaliers and getting a clearer path back to the conference finals.

Every game matters now for Toronto, and wherever blame falls, Casey nailed the outcome: Lowry’s injury is a huge blow.

Brandon Ingram posterizes Taj Gibson on alley-oop (video)

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The Lakers wouldn’t trade Brandon Ingram for DeMarcus Cousins, because they believe in Ingram (or because they couldn’t get on the same page about a deal, but let’s go with a belief in Ingram).

The Thunder traded for Taj Gibson because he provided, among other things, stellar rim protection.

One of those worked better than the other on this play.